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Side-by-side financial comparison of Federal Realty Investment Trust (FRT) and OFG BANCORP (OFG). Click either name above to swap in a different company.

Federal Realty Investment Trust is the larger business by last-quarter revenue ($336.0M vs $184.3M, roughly 1.8× OFG BANCORP). Federal Realty Investment Trust runs the higher net margin — 38.6% vs 30.3%, a 8.3% gap on every dollar of revenue. On growth, Federal Realty Investment Trust posted the faster year-over-year revenue change (8.7% vs 0.9%). Over the past eight quarters, Federal Realty Investment Trust's revenue compounded faster (6.5% CAGR vs 2.8%).

Federal Realty Investment Trust is a real estate investment trust that invests in shopping centers in the Northeastern United States, the Mid-Atlantic states, California, and South Florida.

OFG Bancorp, founded in 1964, is the financial holding company for Oriental Bank, located in San Juan, Puerto Rico. OFG offers a wide range of retail and commercial banking, lending and wealth management products, services and technology, primarily in Puerto Rico and the U.S. Virgin Islands through its principal subsidiaries: Oriental Bank, Oriental Financial Services LLC, and Oriental Insurance LLC. Its headquarters are located at Oriental Center, 254 Muñoz Rivera Avenue, San Juan, PR 00918....

FRT vs OFG — Head-to-Head

Bigger by revenue
FRT
FRT
1.8× larger
FRT
$336.0M
$184.3M
OFG
Growing faster (revenue YoY)
FRT
FRT
+7.8% gap
FRT
8.7%
0.9%
OFG
Higher net margin
FRT
FRT
8.3% more per $
FRT
38.6%
30.3%
OFG
Faster 2-yr revenue CAGR
FRT
FRT
Annualised
FRT
6.5%
2.8%
OFG

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FRT
FRT
OFG
OFG
Revenue
$336.0M
$184.3M
Net Profit
$129.7M
$55.9M
Gross Margin
Operating Margin
53.8%
25.7%
Net Margin
38.6%
30.3%
Revenue YoY
8.7%
0.9%
Net Profit YoY
103.5%
11.0%
EPS (diluted)
$1.49
$1.27

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FRT
FRT
OFG
OFG
Q1 26
$336.0M
Q4 25
$336.0M
$184.3M
Q3 25
$322.3M
$186.2M
Q2 25
$311.5M
$182.4M
Q1 25
$309.2M
$178.6M
Q4 24
$311.4M
$182.7M
Q3 24
$303.6M
$174.7M
Q2 24
$296.1M
$179.8M
Net Profit
FRT
FRT
OFG
OFG
Q1 26
$129.7M
Q4 25
$129.7M
$55.9M
Q3 25
$61.6M
$51.8M
Q2 25
$155.9M
$51.8M
Q1 25
$63.8M
$45.6M
Q4 24
$65.5M
$50.3M
Q3 24
$61.0M
$47.0M
Q2 24
$112.0M
$51.1M
Operating Margin
FRT
FRT
OFG
OFG
Q1 26
53.8%
Q4 25
53.8%
25.7%
Q3 25
34.3%
33.0%
Q2 25
65.1%
36.1%
Q1 25
35.0%
33.3%
Q4 24
35.1%
28.9%
Q3 24
34.9%
35.4%
Q2 24
53.0%
39.6%
Net Margin
FRT
FRT
OFG
OFG
Q1 26
38.6%
Q4 25
38.6%
30.3%
Q3 25
19.1%
27.8%
Q2 25
50.0%
28.4%
Q1 25
20.6%
25.5%
Q4 24
21.0%
27.6%
Q3 24
20.1%
26.9%
Q2 24
37.8%
28.4%
EPS (diluted)
FRT
FRT
OFG
OFG
Q1 26
$1.49
Q4 25
$1.49
$1.27
Q3 25
$0.69
$1.16
Q2 25
$1.78
$1.15
Q1 25
$0.72
$1.00
Q4 24
$0.74
$1.10
Q3 24
$0.70
$1.00
Q2 24
$1.32
$1.08

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FRT
FRT
OFG
OFG
Cash + ST InvestmentsLiquidity on hand
$107.4M
$1.0B
Total DebtLower is stronger
$5.0B
Stockholders' EquityBook value
$3.2B
$1.4B
Total Assets
$9.1B
$12.5B
Debt / EquityLower = less leverage
1.53×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FRT
FRT
OFG
OFG
Q1 26
$107.4M
Q4 25
$107.4M
$1.0B
Q3 25
$111.3M
$740.3M
Q2 25
$177.0M
$851.8M
Q1 25
$109.2M
$710.6M
Q4 24
$123.4M
$591.1M
Q3 24
$97.0M
$680.6M
Q2 24
$103.2M
$740.4M
Total Debt
FRT
FRT
OFG
OFG
Q1 26
$5.0B
Q4 25
$5.0B
Q3 25
Q2 25
Q1 25
Q4 24
$4.5B
Q3 24
Q2 24
Stockholders' Equity
FRT
FRT
OFG
OFG
Q1 26
$3.2B
Q4 25
$3.2B
$1.4B
Q3 25
$3.2B
$1.4B
Q2 25
$3.2B
$1.3B
Q1 25
$3.2B
$1.3B
Q4 24
$3.2B
$1.3B
Q3 24
$3.1B
$1.3B
Q2 24
$3.0B
$1.2B
Total Assets
FRT
FRT
OFG
OFG
Q1 26
$9.1B
Q4 25
$9.1B
$12.5B
Q3 25
$8.9B
$12.2B
Q2 25
$8.6B
$12.2B
Q1 25
$8.6B
$11.7B
Q4 24
$8.5B
$11.5B
Q3 24
$8.5B
$11.5B
Q2 24
$8.4B
$11.3B
Debt / Equity
FRT
FRT
OFG
OFG
Q1 26
1.53×
Q4 25
1.53×
Q3 25
Q2 25
Q1 25
Q4 24
1.42×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FRT
FRT
OFG
OFG
Operating Cash FlowLast quarter
$217.7M
Free Cash FlowOCF − Capex
$199.3M
FCF MarginFCF / Revenue
108.1%
Capex IntensityCapex / Revenue
10.0%
Cash ConversionOCF / Net Profit
3.90×
TTM Free Cash FlowTrailing 4 quarters
$345.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FRT
FRT
OFG
OFG
Q1 26
Q4 25
$622.4M
$217.7M
Q3 25
$147.8M
$39.5M
Q2 25
$150.7M
$35.9M
Q1 25
$179.0M
$83.1M
Q4 24
$574.6M
$252.5M
Q3 24
$144.1M
$58.1M
Q2 24
$169.7M
$95.1M
Free Cash Flow
FRT
FRT
OFG
OFG
Q1 26
Q4 25
$199.3M
Q3 25
$35.5M
Q2 25
$31.8M
Q1 25
$78.7M
Q4 24
$231.2M
Q3 24
$51.8M
Q2 24
$90.4M
FCF Margin
FRT
FRT
OFG
OFG
Q1 26
Q4 25
108.1%
Q3 25
19.1%
Q2 25
17.4%
Q1 25
44.1%
Q4 24
126.5%
Q3 24
29.6%
Q2 24
50.3%
Capex Intensity
FRT
FRT
OFG
OFG
Q1 26
Q4 25
10.0%
Q3 25
2.1%
Q2 25
2.3%
Q1 25
2.4%
Q4 24
11.7%
Q3 24
3.6%
Q2 24
2.6%
Cash Conversion
FRT
FRT
OFG
OFG
Q1 26
Q4 25
4.80×
3.90×
Q3 25
2.40×
0.76×
Q2 25
0.97×
0.69×
Q1 25
2.81×
1.82×
Q4 24
8.77×
5.02×
Q3 24
2.36×
1.24×
Q2 24
1.52×
1.86×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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